12:32 - 13.10.2023

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October 13, Fineko/abc.az. The scope of activities of non-bank credit organizations (NBCOs) is expanded.

ABC.AZ reports that this is reflected in the proposed amendment to the Law on Non-Bank Credit Organizations, discussed at today’s meeting of the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship.

Under the amendment, NBCOs will be able to render services of a payment agent.